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We can see various companies in Q& A section which are already being discussed
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Posts in category Value Pickr
Want to point to – Story with Earnings Momentum, Turnaround, Change in Management? (09-12-2015)
Voltamp Transformers (09-12-2015)
Using low quality raw material has always been concern for the industry, below is the news :-
Is DRI sparing big fish using non-prime steel for transformers?
New Delhi, Dec 8 (KNN) After initial crackdown against transformer manufacturers using non-prime steel, mostly those headquartered in Rajasthan, the Directorate of Revenue Intelligence (DRI) seems to be going soft on this illegal trade, leaving the industry to wonder why big fish are being spared.
Industry sources said that a big name in large electrical equipment and transformer association headquartered in Mumbai, who has been patronized by big sharks, has never complied with the quality control order issued by the Steel Ministry to bar import of second-hand CRGO. Not only that, it has been conspiring to take the matter for cancellation of the order in parliament using its proximity to some Members of Parliament and high-level bureaucrats at the Centre.
Industry players told KNN on the condition of anonymity that the recent raids by the DRI on a handful of non-prime CRGO traders in Rajasthan are unlikely to make any impact given that this malpractice is rampant and in Rajasthan alone, there are more than 100 units involved in processing of the low-quality steel brought from overseas.
“It is tip on ice berg; action should be extended to other states of the country. Unless DRI catches big fish who are manufacturing power transformers, this menace will not stop,” said one manufacturer.
Given the financial loss being suffered by utilities due to use of dubious quality steel in transformers, the source said, “Any amount of re-structuring and investment shall not bear any fruits and the target of providing 24x7 power to all in the current 12th plan period could prove a pipedream.”
The source added, the use of spurious material in the manufacture of equipment is also responsible for the financial mess in the power sector.
“So far no action has been initiated against traders getting the spurious CRGO from abroad in SEZ zones and freely selling the material to manufacturer of power distribution transformers,” the source said.
Dwelling on the modus operandi of this illicit trade, the source said, importers/ processors get the non-prime, mills left over, scrap, spurious CRGO material from all over the world in SEZ zones. Since these zones are not subjected to any rules and regulations for customs clearance at ports, material is stored in the godowns there and sold to the manufacturers of power and distribution transformers at dirt cheap rate of 30 per cent of prime material price.
The source further said that in a recent case transformers exported to one country were rejected and shipped back to the Indian exporter, giving a bad name to the Indian industry.
“Concerned authorities have been informed of this malpractice but there is no action,” the source said.
“Unless the Government of India takes severe action against such manufacturers and trade, this menace will continue as it has been going on for last two decades and the quality control order will remain just on paper,” the source added. (KNN Bureau)
Trending Sectors for 2016? (09-12-2015)
looking at the above data it trully looks like a secular bull market
a few sectors which look good my 2bits
Rubber based themes (Tyres, Retreading) connected to the growth in logistics & transportation, CV sales & maintenance- input cost of rubber is down & so is petroleum,
lately with all the noise on environment -natural, eco-freindly & abundantly available materials should be in demand - Jute
todays ET says India exported $297mil of Jute for 14-15- looks like a lot of space to grow with India & Bangladesh controlling the entire market
Adi Finechem- A good business or business having a good time? (09-12-2015)
Hello Sir, Would you please tell me the HS code of Deodorizer Distillate. Thanks for this post...its really helpful.
Want to point to – Story with Earnings Momentum, Turnaround, Change in Management? (09-12-2015)
Today VP audience and readership consists of different kinds of folks with possibly different ideas of how to use a platform like VP to the best advantage.
Should you want to just POINT to a new idea with growth momentum or turnaround in fortunes, or change in Management, etc and find that there is no existing thread on that, please use the Company Q&A section, that is free-format and does not impose any limitations. This section is for those who feel they are unable to find time/put in effort to analyse in-depth, but would still like to point to a promising opportunity for the Community to take forward.
Once such a thread in the company Q&A section finds interest and there is some meat in the discussions, it will happen organically that someone else who has the passion will consolidate arguments/counter-arguments and initiate a proper discussion on the opportunity in the Stocks Opportunity section.
Stocks Opportunity section - is known for quality/rigour of analysis. In that section we will insist on the Idea Initiator to take RESPONSIBILITY, and
a) write a balanced initial post - adhering to VP Guidelines
b) respond/examine counter-arguments (to one's invested/tracking ideas)
c) make the TIME to work further on his/her proposed idea in collaboration with others
We expect everyone to respect/adhere to VP Guidelines - it is for our own good. If you are a responsible member, you will not expect other members/moderators/admin to clean up after you.
Possible disruption by Patanjali Yogapeeth (09-12-2015)
sorry, but I do not buy the logic here with due respect to you -
If people were panicked due to shortage of food/biscuits, I don't think people would bother about buying a certain brand, all brands immaterial of local, non-local, organised, unorganised will fly off the shelfs. What you observed might be true and it might show the brand strength or initial 'try it out' behaviour but not due to panic/flood situation.
Possible disruption by Patanjali Yogapeeth (09-12-2015)
There was a full page article on Patanjali some two days back: http://www.thehindubusinessline.com/specials/the-monk-who-wants-abilliondollar-company/article7958593.ece
During the flood that ravaged Chennai, I happen to visit Big Bazaar and found that Patanjali biscuits were flying off the shelves due to panic buying/perception of scarcity and by volunteers/relief workers. The other brands of ITC, Britannia and Oreo were still available. People like ITC, HUL, Nestle and others need to be worried and they have started to advertise also.
Disc: Do not own any FMCG businesses.
Trending Sectors for 2016? (09-12-2015)
Dear Kunal
What attracts you to Pennar, I am also bullish on the same, My take is the clarity on four divisions and value added products which i think may play out going fwd along with improved focus on each of them. Also its the holdco of two good subsidiaries which in itself is valued almost at par with the parent. seems to be a good value/growth mix!!
Kaveri seeds company limited — kscl (09-12-2015)
Fresh Trouble
I haven't tracked any previous cases, where seed companies have been asked to compensate for suspected defective seeds. So this case might set a precedent ?
Disc: I have exited KSCL around 500 levels.
Vinati Organics (09-12-2015)
Hi everyone. I am new to valuepickr and I have been recently analyzing Vinati. Has anybody been able to figure out the price and volume effect of their decline in revenue. Based on my understanding, price effect is not a cause for concern due to the nature of their customer contracts, however a fall in volume would be.
I noticed that some people were going to contact IR regarding this. Just wondering if anyone has had any success with their IR communications.